OptionEye Macro Outlook November 16th
Overnight sees corn ever so slightly higher, beans steady easier and wheat up 2.
The dollar is a tad stronger at 93.95 up .13.
The stock market is rebounding from yesterday's sell off with the S&P future up 9 and the Dow future up 60.
The 10 year yield making another attempt higher this morning and stands at 2.35%.
The crude oil market is quiet and a bit lower at $55.19 down .14 cents and the gold market is quiet at $1278.68 up .59 cents.
Today we get the Initial Jobless Claims, Continuing Claims, the Philadelphia Fed Business Outlook, the Import Price Index, the Export Price Index, Industrial Production, Capacity Utilization, Manufacturing Production, the Bloomberg Consumer Comfort Index, Bloomberg Economic Expectations and the NAHB Housing Market Index.